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Week ahead - Eurozone PMIs and US-UK GDP growth for Q3 to attract market’s attention
Next week will be important from the point of view of economic data, as Eurozone business surveys for October will come out, together with third quarter growth numbers for the US and the UK, and finally inflation data out of Australia and Japan. Eurozone activity expected to be steady in October Monday will start with the Markit flash PMIs for key Eurozone countries as well as for the euro area as a whole. According to Reuters poll, a slight improvement is expected in the services and composite indices in October to 52.5 and 52.8 respectively. But the manufacturing PMI is forecast to remain unchanged at 52.6. The ... (full story)